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Search Results 0 to 10 of about 11 (some duplicates have been removed)
and make the changes. same as bill clinton did with newt gingrich. get in the room and make the changes that are needed to make this. look, we faced bigger problems before, and we have been able to overcome them. i believe we can do this one more time. >> senator, the politics of this are also quite interesting and also part of the calculation. the treasury secretary saying, sure, absolutely, the president will go over the cliff if that's what it takes. when push comes to shove, you really think that's the white house position? they want to risk recession as well just to drive home the point about raising taxes? >> the president wants to solve the problem. that's what he said during the campaign. that's what he is saying now. we cannot lurch as we have for the past two years from one crisis to another. think of all the times that sea party republicans and speaker boehner threatened to shut down the economy, shut down the government over the debt ceiling. if we're going to have the certainty for businesses to invest, for workers to know new jobs are being created, we have to get this beh
like ronald reagan who understand this principle. bill clinton famously said the era of big government is over and the end of wel welfare as we know it. why? because government is not the answer. government is the problem. there was that other iconic democrat, the one that occupied the oval office in 1962. he spoke of the benefits of cutting taxes. president obama, i hope you're watching this. >> this can be the most important step we could take to prevent another recession. that is the right time to make tax cuts both for your family budget and the national budget. resulting from a permanent basic reform and reduction in our rate structure, a creative tax cut creating more jobs and income and eventually more revenue. it will include an across the the board top to bottom cut in both corporate and personal income taxes. the billions of dollars this bill will place in the hands of the consumer, and our businessmen, will have both immediate and permanent benefits to our economy. every dollar released from taxation that is spent or invested will help create a new job and a new salary and t
of the center of american progress who served in the obama and clinton administrations, policy director of hillary clinton's campaign. laura flanders, founder of grittv.com. the editor of salon.com and the woman who hired me two years ago. thanks, as always for that. >> of course. >> anyway, on friday afternoon, house speaker john boehner attempted to paint a picture of white house negotiations and how to avoid going over the fiscal curve. i have been saying fiscal slope. now on the show, i'll go with curve. >> this isn't a progress report because there's no progress to report. four days ago, we offered a serious proposal based on testimony from president clinton's former chief of staff. there's been no counter offer from the white house. instead, reports i understand kate the president adopted a deliberate strategy to slow walk the economy to the edge of the fiscal cliff. >> the extremely vague republican proposal did not include an increase in tax rates a position he reiterated on friday making clear there's no movement on the white house's red line on treasury secretary tim geithner
a clue. number two, as bill clinton and president obama point out, the math doesn't add up when you're trying to do this just on deductions. you need to do both deductions and loopholes and, of course, raise the rate. that's the only way the math works. and as far as hurt the economy, let me say for the 10,000th time, bill clinton raised tax rates on the top 2% in 1993 and we then proceeded to grow the economy by 23 million jobs. so, that's a bunch of bull, speaker boehner. >> let's go back to aée4 with the same question. i will argue that even though he hasn't specified the deductions or the loopholes he's going to close, the governor is right, there isn't enough at the top to close to make up for this advantage they have now but it seems he's accepting the moral argument. he's saying, the rich should get socked, too. that was an amazing admission for him to say to that. your thoughts. >> i agree with you. the fact that john boehner is out there saying we are asking the rich to pay more in taxes is not something they ever would have done in 2011. if you remember, math by details
%, there's nothing else left to get them the next year. even bill clinton agrees. here's what he said at a conference i saw him at back in may. >> i think you could tax me at 100% and you wouldn't balance the budget. we're all going to have to contribute to this and if middle class people's wages were going up again and we had some growth in the economy, i don't think they would object to going back to the tax rates. >> with no breakthrough today, fiscal cliff negotiations, could this be a starting point? "outfront" republican congressman james lankford of oklahoma, incoming chairman of the republican policy committee, the fifth ranking position in the house gop leadership. appreciate you're taking the time. what about this idea of racinin taxes on everyone? the math works much better. >> i heard your lead in when you said this is a new idea. actually, it's not a new idea, there are several democrats who have floated that for a while. the code word is we want to go back to the clinton tax rates and talk about the clinton economy that we had a much more vigorous economy and growth and
clinton. douglas, does this sound like code for a deal in the works? >> it certainly is good news that they aren't taking things off the table. i would be premature if i was celebrating a deal. there's a long way to go. it's important that they reach an agreement. the fiscal cliff is a very real danger to the united states economy. it's a recipe for a recession. and i certainly would not like to see the rhetoric that we saw from the treasury secretary tim geithner who said he's prepared to go over the fiscal cliff. that is not a good way to talk about what's going on right now. >> mr. reich, let me ask you the same thing. do you think there's code suggesting they are working towards something? because, doug, as you point out, the language was really harsh during this week. but all of a sudden, here we are friday evening and people are saying these kind of soft things that say maybe compromise. what do you think, robert? >> i think doug is right. it's too early to break out the champagne, but undoubtedly, the rhetoric is softening as we get closer and closer to the christmas holida
, that's something that will -- >> howard goes on and on. clinton tax rates on everybody. will it cause a problem? yeah, short recession, but we get defense cuts which republicans would never agree to otherwise, there are human service cut which is we won't like, but the least possible damage. and it's a serious down payment on the deficit. the wall street people ringing their hands are really full of it. i'm not sure what. but full of something because they're going to see a big drop on wall street but it will come roaring back because somebody has done something. so you have him and all their friends and the right and all their friends and the president who i don't think if he can ever get out of campaign mode. it's a full on campaign again. putting one party into -- >> you're right, the amt will hit more people in the middle class and raise their effective tax rate to a higher rate than they were today. and you won't -- >> you have obamacare 4% on everyone, too. >> if you lieu numerically, it doesn't make sense if one side says we're not going to race taxes on the middle class -- >>
. both michelle obama and bill clinton were nominated in the category best spoken word album. good for them. yeah. yeah. true story. michelle was nominated for the audio version of her book american grown, and bill clinton was nominated for the audio version "50 shades of gray." >> "early start" continues right now. >>> breaking news near tokyo. a powerful earthquake hit off the coast. a tsunami warning issued. and then lifted. we go live to japan straight ahead. >>> and the "new york post" photographer who took the picture of the man on the subway tracks before he was hit sits down to tell us his side of the story. we'll hear from him this hour. >>> and imagine a professional football game without kickoffs. it's just one of the suggestions to improve the safety of the game for players. details this hour on cnn. >> i'm curious as to how everybody feels about that. >> welcome to "early start." i'm christine roman by devastating tsunami that killed 15,000 people and caused widespread damage. the tsunami this time hit a place called -- or near a town almost totally devastated in the 2
Search Results 0 to 10 of about 11 (some duplicates have been removed)